October, 2022

• 6 October

  UAE President highlights teachers’ role in guiding, shaping young minds

  

    ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has affirmed the vital role that quality education and dedicated teachers will play in the UAE’s future progress, noting that investing in education and graduating distinguished cadres is based primarily on preparing a distinguished teacher. His comments came in an address to education professionals from across ...

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• 6 October

  Masdar, Zero Carbon sign deal to drive carbon reduction in Mideast

  

    Abu Dhabi / WAM Masdar City, Abu Dhabi’s only planned and approved R&D cluster for innovative technologies, and Zero Carbon Ventures, a company dedicated to bringing carbon-reducing technologies to the Middle East, have signed a memorandum of understanding (MoU) to advance carbon reduction in the Middle East. Already underway at Masdar City, the first project to be explored under ...

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• 6 October

  UAE keen to empower teachers to lead future of sustainable education

  

    Abu Dhabi / WAM Dr Ahmad Belhoul Al Falasi, Minister of Education, has affirmed that the UAE, under the directives of the wise leadership, pays great attention to teachers and is keen to empower them with technology, knowledge and digital skills, to lead the future of sustainable education and enhance the country’s leadership and global competitiveness. On World Teacher’s ...

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• 6 October

  Etihad wins top awards from Airline Economics

  

    ABU DHABI / WAM Etihad Airways has picked up top honours at the 2022 Airline Economics Middle East, Africa & Islamic Aviation 100 Awards. The carrier won the coveted Middle East & Africa Airline of the Year Award, with Chief Financial Officer Adam Boukadida receiving the Middle East & Africa CFO of the Year award for the second consecutive ...

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• 6 October

  Abu Dhabi’s Hub71 appoints new deputy CEO

  

    Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem powered by Mubadala, has appointed Ahmad Ali Alwan as the Deputy Chief Executive Officer. The appointment reinforces Hub71’s senior leadership team with an experienced, talented local leader to help drive forward its long-term strategy and fulfil its global ambitions. Hub71 is spearheading a strategy to build a global platform ...

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• 6 October

  Dewa encourages customers to use its digital services

  

    Dubai / WAM Dubai Electricity and Water Authority (Dewa) is organising several competitions and events while participating in the 42nd Gitex Technology Week. This is part of its efforts to encourage customers to use its innovative digital channels and services. Customers who activate the automatic payment feature or perform any digital transaction through Dewa’s website or smart app till ...

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• 6 October

  US is defeating Putin in the war of coercion

  

  The US and Russia are waging the most intense contest in great-power coercion since the height of the Cold War. Russian President Vladimir Putin is using nuclear threats and other escalations in a bid to avoid humiliation in Ukraine. Washington is wielding its own array of pressures to force Putin to accept just that outcome. The good news is that, ...

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• 6 October

  Hong Kong dollar bears are curiously quiet

  

    If there’s one city in the world that has reason to welcome the latest bout of global currency turmoil, it’s Hong Kong. With Britain shooting down the pound, Japan intervening to support the yen for the first time in almost a quarter-century, and Europe’s single currency reaching a two-decade low, there’s less attention on the Chinese territory’s 39-year-old dollar ...

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• 6 October

  BOE should pull its own U-turn on gilt sales

    “The better part of valor is discretion,” Shakespeare wrote in Henry IV, Part One. Chancellor of the Exchequer Kwasi Kwarteng bowed to the inevitable and U-turned on his plans to lower the highest rate of income tax. The Bank of England should mirror his caution by shelving plans to sell its bond holdings for at least the rest of ...

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• 6 October

  World’s most important market needs some work

    Treasury securities play a crucial role in global finance. They’re widely viewed as a close substitute for dollars, a safe place to park everything from a company’s cash to a central bank’s reserves. They provide a benchmark for determining the value of a vast array of assets, including mortgages, corporate bonds and shares in public companies. They’re the ultimate ...

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